---
type: "Bill"
title: "CAPITAL OUTLAY PROJECTS"
description: "CAPITAL OUTLAY PROJECTS"
jurisdiction: "us/states/nm"
legislature: "New Mexico Legislature"
session: "2026"
identifier: "SB 240"
citation: "New Mexico SB 240 (2026)"
classification: ["bill"]
subjects: ["FINANCE", "PUBLIC", "LOCAL GOVERNMENT", "STATE AGENCIES & DEPARTMENTS (including reorganization)"]
status: "enacted"
primary_sponsors: ["Campos, Pete", "Shendo, Benny, Jr."]
version_count: 4
action_count: 8
vote_count: 2
first_action: "2026-02-03"
last_action: "2026-03-11"
source: "openstates"
source_identifier: "ocd-bill/d318da81-bcf6-4c43-8b15-c5466e19d08c"
source_url: "https://www.nmlegis.gov/Legislation/Legislation?chamber=S&legType=B&legNo=240&year=26"
source_hash: "4370edcf7e7d37bd08feb01c65aac9cc2b406ed28fe143ce760f13aee475e1d4"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-nm"]
---

# New Mexico SB 240 (2026) — CAPITAL OUTLAY PROJECTS

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **Amendments in Context** (committee substitute) — [source](https://www.nmlegis.gov/Sessions/26%20Regular/Amendments_In_Context/SB0240.pdf)
2. **FC substitute** (committee substitute) — [source](https://www.nmlegis.gov/Sessions/26%20Regular/bills/senate/SB0240FCS.HTML)
3. **Final Version** (committee substitute) — [source](https://www.nmlegis.gov/Sessions/26%20Regular/final/SB0240.PDF)
4. **introduced version** (committee substitute) — [source](https://www.nmlegis.gov/Sessions/26%20Regular/bills/senate/SB0240.HTML)

## Votes

- senate passage — **37–0** (pass) · upper
- house passage — **49–8** (pass) · lower

## Sponsors

- Campos, Pete — primary (person)
- Shendo, Benny, Jr. — primary (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2026-02-18** floor substitute adopted (1 amendment)
- **2026-02-18** passed Senate `passage`
- **2026-02-18** DO PASS committee report adopted `committee-passage-favorable`
- **2026-02-19** passed House `passage`
- **2026-02-18** Sent to House Taxation & Revenue Committee `introduction, referral-committee`
- **2026-03-11** Signed `executive-signature`
- **2026-02-17** DO NOT PASS, replaced with committee substitute `committee-passage`
- **2026-02-03** Sent to Senate Finance Committee `introduction, referral-committee`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/d318da81-bcf6-4c43-8b15-c5466e19d08c`. Confidence: reported (aggregated from official New Mexico legislature records).